SOLD 06/08/2023
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Commercial sold for $1,000,000 in 63 days
221 Sanford Ave Richmond, CA, 94801
Neighborhood: North RichmondOff the market 5 or More Units
Two side by side 4 unit apartment buildings located at 221-235 Sanford Avenue, Richmond, CA. Total of 8 apartment units. All units are 2-bedrooms and 1-bath. Rents are considerably below market. Total monthly rent for both buildings is $8,350.00 or $100,200 annually. Operation of the property is subject to the provisions of the Richmond Fair Rent, Just Cause Eviction and Homeowner Protection Ordinance. Upside rent potential upon voluntary vacancies. Gas, electric and water are on separate meters and paid by the tenants.
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Property details
5,652 sqft interior area
Land area
10,000 sqft (0.23 acres)
Address
221 Sanford Ave, Richmond, CA, 94801
City of California
Richmond
County
Contra Costa
Previous price
$1,200,000
Year Built
1957
Neighborhood
North Richmond
District
Richmond - North & West/parchester
Nearby major retailers
Costco
T-Mobile
Safeway
Walmart
Wholesale: 1
Mobile phone: 1
Supermarket: 2
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Interior Features
Vinyl, Carpet, Wood floors
Floor Covering
Vinyl, Carpet, Wood
Garage & Parking
Carports - 2 Or More, Assigned
Appliances
Gas Water Heater
Basement
None
Listed by
Jeffrey Wright, Wright Realtors
Name
Jeffrey Wright
License number
00697289
Brokerage company
Wright Realtors
MLS #
41023608
Buyer agent
Name
John Chau
Brokerage company
Rational Real Estate
Payment calculator
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Mortgage
$3,071
Taxes
$0
HOA dues
$0
Mortgage
$200,000 / 20%
2.28%
30 years
Your amount
$3,071 / month
Exterior Features
Stucco construction
Construction
Stucco
Lot details
TMK #5611620179
Lot Description
Level
Parcel nr.
5611620179
North Richmond neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in North Richmond
49%
Families with children
National average: 39%
33%
Non family households
200,437
Population
$93,302
Average Income
Age & gender
Median age 34 years
More info
Commute types
77% commute by car
More info
Education level
25% have high school education
More info
Number of employees
4% work in education and healthcare
More info
Vehicles available
33% have 1 vehicle
More info
Vehicles by gender
33% have 1 vehicle
More info
Housing market insights for
$639.02k
Neighborhood average
sales price*
sales price*
$600k
Neighborhood median
sales price*
sales price*
255
Number
of sales*
of sales*
Housing type
56% are single detacheds
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Rooms
48% of the houses have 4 or 5 rooms
More info
Bedrooms
67% have 2 or 3 bedrooms
More info
Owners vs Renters
53% are renters
More info
14 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Jun 8, 2023
North Richmond Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 2 beds | $360k | 100% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jun 8, 2023 | Sold | $1,000,000 | 0 | Public Record |
| Jun 8, 2023 | Price Decrease | $1,000,000 -16.67% | 0 | MLS #41023608 |
| Apr 27, 2023 | Pending | $1,200,000 | 0 | MLS #41023608 |
| Apr 7, 2023 | New Listing | $1,200,000 | 0 | MLS #41023608 |
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Frequently Asked Questions about 221 Sanford Ave
What is 221 Sanford Ave?
221 Sanford Ave is a Commercial/Industrial propertywith 5,652 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
221 Sanford Ave, Richmond, CA, 94801.
What comparable properties are nearby?
Comparable nearby commercial properties include 842 13th St, 116 W Barrett, 845 S 23rd, 1731 Barrett Ave, 353 24th St, 2923 Macdonald Ave.
Based on information from the bridgeMLS as of 05-12-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Jun 09, 2023
Verhouse Last checked 3 minutes ago
The closest grocery stores are Foodsco, 1.36 miles away and Lao Jaleune Supermarket, 1.5 miles away.
The North Richmond neighborhood has a population of 200,437, and 49% of the families have children. The median age is 34.62 years and 77% commute by car. The most popular housing type is "single detached" and 53% is renter.
